Economic Performance In 1995
(Table 1 Socio-Economic Indicators)
Outlook For 1996
Medium-Term Growth Outlook
Meeting Future Challenges
Role Of Fiscal Policy
Conclusion
Expenditure Policy
The FY96 Expenditure Estimates
Operating Expenditure
Development Expenditure
Management and Control Of Government Expenditure
PART III: REVENUE AND TAX CHANGES
Tax Changes For Companies
Corporate Income Tax
Development and Expansion Incentive
Investment Allowance Incentive (IA) for Water Recycling Plant
Tax Deduction for General Provisions of Finance Companies
First Year Depreciation for Highly Efficient Pollution Control and Energy-Efficient Equipment
Reduction of Withholding Tax Rates
Tax Changes For Individuals
Personal Income Tax
Tax Relief for National Servicemen
Rebates on HDB Service and Conservancy and Rental Charges
Rebates on Public Utilities Bill
CPF Medisave Top-Up Scheme
Pre-Medisave Top-Up Scheme
CPF Share Ownership Top-Up Scheme (SOTUS)
Second Offering of Singapore Telecom Shares
Income Tax on Net Annual Values of Residential Properties
Estate Duty
Other Tax Changes
Reduction in Property Tax
Stamp Duty on Property Transfer
Stamp Duty on Leases
Rationalisation of Instruments Subject to Stamp Duty
ANNEX I:
Accelerated Depreciation Allowance To Approved Energy-Efficient Equipment And Technology
ANNEX II:
Accelerated Depreciation Allowance To Approved Highly Efficient Pollution Control Equipment
ANNEX III:
Reduction In Personal Income Tax Rates With Effect From Year Of Assessment 1997
ANNEX IV:
Stamp Duty Rates On Leases
ANNEX V:
Stamp Duties To Be Abolished
